GroundRules
INS § 6071
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]
- CHAPTER 5. County Mutual Fire Insurers [5050. - 7060.]
- ARTICLE 6. Reinsurance [6070. - 6072.]
Any such insurer may cede reinsurance provided the amount retained by the originating insurer shall be not less than 10 percent nor less than five hundred dollars ($500); provided, however, that the minimum required hereunder shall never exceed six thousand dollars ($6,000).
The applicable provisions of Sections 922.1 to 922.8 inclusive shall govern for the purposes of testing the solvency and preparing the annual statement of the ceding insurer.
Collected 2026-09-14T05:56:33Z. Source file · JSON